Mike Gault co-founder Alphabill talks about his radical new design a bill based transaction model that serves as an alternative to UTXOs (Bitcoin) and Accounts( Eth) based transaction models in existing blockchains. Alphabill claims to achieve massive parallelization without the need for any Layer 2s or zk roll-ups while maintaining strong security guarantees.
Mike's transition from the academic realm to the forefront of blockchain innovation is not only inspiring but also a testament to the potential of this technology. He shares his pioneering work on the bill-based system, a transformative leap from traditional UTXO and account models that could redefine the future of digital economies.
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